The year is 2024. Rob Jones, a car salesman from Albuquerque decides to take a chance on crypto and makes a decision that would transform his life forever. Dipping into his savings of $5,500, Rob bets on Peanut the Squirrel (PNUT), a meme coin priced at a low $0.03128 in November.   Ten days later, that…

Pro-crypto lawyer John Deaton has called for transparency regarding the ongoing controversy surrounding former S US SEC Director William Hinman. Deaton has emphasized the need for the public release of the SEC Inspector General’s (IG) report into Hinman’s potential conflicts of interest. The issue has drawn significant attention as it raises questions about the SEC’s…

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Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF).  The order allows for an initial allocation of up to 2% of the ESF’s total portfolio value over an 18-month pilot…

This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Crypto asset manager Bitwise has launched a solana staking ETP in Europe with the ticker BSOL, Lightspeed has learned exclusively. Solana staking firm Marinade will be Bitwise’s staking provider. The move comes less than a month after Bitwise signaled its plans to…

Over the last two months, the cryptocurrency sector has been surging. However, it hasn’t affected all assets across the board. One that has seemingly halted explosive growth has been Toncoin, although it is still predicted to reach a price of $20 in 2025. Now traders are faced with the most critical question: when? Toncion is…

Rebeca Moen Dec 17, 2024 17:14 Discover how NVIDIA’s TensorRT-LLM boosts Llama 3.3 70B model inference throughput by 3x using advanced speculative decoding techniques. Meta’s latest addition to its Llama collection, the Llama 3.3 70B model, has seen significant performance enhancements thanks to NVIDIA’s TensorRT-LLM. This collaboration…

It’s been 13 days since Hailey Welch, aka the “Hawk Tuah” girl, said she was logging off and going to sleep amid furious backlash to her meme coin rollout. But now that her launch partners are starting to blame each other over the token’s disastrous debut, will she finally wake up?  The day that Welch’s…

Christian Lindner, the former Finance Minister of Germany, questioned the country’s leaders for not adopting Bitcoin’s economic opportunities, especially as the U.S. moves forward with crypto innovation.  The leader of the Free Democratic Party (FDP) Christian Lindner questioned the German government for failing to adopt Bitcoin’s economic opportunities. He pointed out that key German leaders…

VIRTUAL’s 16% price drop follows a bull rally driven by AI agents’ hype and listings on major exchanges. The decline is due to profit-taking and an overbought market condition as indicated by the RSI. This pullback may offer a buying opportunity for new investors. In a surprising turn of events, the Virtuals Protocol token, VIRTUAL,…

This year has been excellent for Solana, which saw its token reach a new ATH at $263.83 on November 23rd and the release of pump.fun, a meme coin launchpad that already recorded more than $300 million in revenue. However, its main blockchain still leverages Layer 1 technology, which can cause issues for meme coin traders…

The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, signaling potential enforcement action. CyberKongz, a prominent NFT project, shared its response in a post on X, criticizing the SEC’s approach toward NFT and blockchain gaming regulations. The project highlighted that it would continue to fight for better rules affecting Web3…

In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales. Ripple Whales Buy 30 Million XRP  Today, December 18, 2024, a prominent crypto expert made a post on X (previously Twitter) citing that crypto whales…

– Advertisement – An exciting shift is happening in the crypto world. Three little-known meme coins are catching attention and could see massive growth soon. These digital assets have the potential to multiply in value many times over. Explore this emerging trend and uncover the coins that might offer extraordinary returns. Trump’s Victory Fuels Meme…

Fuel Network is the next L2 chain to extend the airdrop season. The network will distribute 10% of its supply in an event from December 19 onward. Fuel network has already taken the snapshot for its airdrop, and is preparing to distribute 10% of its supply, the team announced Tuesday. The L2 chain has opened…

XRP ($XRP), one of the leading cryptocurrencies, experienced a significant price rally over the last few months. It surged from $0.50 to $2.90, delivering substantial returns for investors and showcasing strong momentum. However, as we approach Q1 2025, XRP is showing signs of cooling off. The recent launch of Ripple’s stablecoin initiative has drawn attention…

Bitcoin (BTC) recently jumped to over $106,000 during early Asian trading hours, then dropped back to about $104,500. This fluctuation happens as people expect a U.S. Federal Reserve (Fed) rate cut, likely reducing the main borrowing cost by 25 basis points to between 4.25% and 4.5%. This would mean a total reduction of 100 basis…

CHR has broken out of a multi-year triangle pattern, signaling a massive price rally.   Analysts project a 582% price increase, targeting $2.50 after the bullish breakout.   Rising trading volume and past technical patterns support the ongoing price momentum.   CHR’s price has broken out of a multi-year triangle pattern, and analysts now expect it to surge…

In a significant legal development, Bit Global has initiated a lawsuit against Coinbase concerning the delisting of Wrapped Bitcoin (WBTC). This action is speculated to be connected to Justin Sun, the founder of Tron, who has been a polarizing figure in the cryptocurrency sector. Coinbase has responded by filing an appeal to contest the lawsuit,…

December 17, 2024 at 11:10 PM GST updated: December 17, 2024 at 11:02 PM 2 mins read News A whale bought 130M XRP on Binance, leading to sudden price movements and high trading activity.   XRP’s price hit $2.5872 before dropping back to $2.4498, showing strong market uncertainty.   Analyst Vincent Van Code highlighted the purchase, which…